2022
Exports
$181BWorld Rnk 7 / 216
Flag Rnk 1 / 96
2022
PRODUCT COMPLEXITY IN Mineral fuels, mineral oils and products of their distillation
0.48Rnk 371 / 1025
2022
Imports
$25.1BWorld Rnk 28 / 225
Flag Rnk 4 / 96
2022
ECONOMIC COMPLEXITY of United Arab Emirates
0.24Rnk 53 / 133

About

Exports In 2022, United Arab Emirates exported $181B in Mineral fuels, mineral oils and products of their distillation, making it the 7th largest exporter of Mineral fuels, mineral oils and products of their distillation in the world. At the same year, Mineral fuels, mineral oils and products of their distillation was the 1st most exported product in United Arab Emirates. The main destination of Mineral fuels, mineral oils and products of their distillation exports from United Arab Emirates are: Japan ($38.4B), India ($25.2B), China ($23.3B), Thailand ($15.1B), and South Korea ($13.1B).

The fastest growing export markets for Mineral fuels, mineral oils and products of their distillation of United Arab Emirates between 2021 and 2022 were Japan ($15.7B), China ($10.5B), and Thailand ($7.17B).

Imports In 2022, United Arab Emirates imported $25.1B in Mineral fuels, mineral oils and products of their distillation, becoming the 28th largest importer of Mineral fuels, mineral oils and products of their distillation in the world. At the same year, Mineral fuels, mineral oils and products of their distillation was the 4th most imported product in United Arab Emirates. United Arab Emirates imports Mineral fuels, mineral oils and products of their distillation primarily from: India ($8.79B), Saudi Arabia ($2.85B), Iraq ($2.5B), Kuwait ($1.75B), and Qatar ($1.71B).

The fastest growing import markets in Mineral fuels, mineral oils and products of their distillation for United Arab Emirates between 2021 and 2022 were India ($4.09B), Iraq ($1.11B), and Pakistan ($880M).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Mineral fuels, mineral oils and products of their distillation. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$181B
IMPORTS (2022)$25.1B
NET TRADE (2022)$156B

In 2022, United Arab Emirates exported $181B in Mineral fuels, mineral oils and products of their distillation. The main destinations of United Arab Emirates exports on Mineral fuels, mineral oils and products of their distillation were Japan ($38.4B), India ($25.2B), China ($23.3B), Thailand ($15.1B), and South Korea ($13.1B).

In 2022, United Arab Emirates imported $25.1B in Mineral fuels, mineral oils and products of their distillation, mainly from India ($8.79B), Saudi Arabia ($2.85B), Iraq ($2.5B), Kuwait ($1.75B), and Qatar ($1.71B).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Mineral fuels, mineral oils and products of their distillation EXPORT MARKETS FOR United Arab Emirates WERE (2021 - 2022):
Japan$15.7B (69.6%)
China$10.5B (82.4%)
Thailand$7.17B (90.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Mineral fuels, mineral oils and products of their distillation BY United Arab Emirates WERE (2021 - 2022):
New Zealand-$991M (-68.6%)
Pakistan-$922M (-19.9%)
Uganda-$548M (-98.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Type
In 2022, United Arab Emirates's main exporting competitors in Mineral fuels, mineral oils and products of their distillation were:
In 2022, United Arab Emirates's main importing competitors in Mineral fuels, mineral oils and products of their distillation were:

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Trade Value of Mineral fuels, mineral oils and products of their distillation by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALChina+ $2.92B
TOP IMPORT POTENTIALSaudi Arabia+ $691M

Mineral fuels, mineral oils and products of their distillation’s highest export potential is China. With an export gap of $2.92B.   Mineral fuels, mineral oils and products of their distillation’s highest import potential is Saudi Arabia with an import gap of $691M.

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